Overview
Other Products

MATSUMOTO INC.

Matsumoto is a printing company producing approximately 7,000 graduation albums annually for schools across Japan, alongside general commercial printing such as posters, catalogs, and pamphlets. The company also operates internet-related businesses including digital photo albums, self-publishing, online print sales, and photo print services. Leveraging its integrated in-house production capabilities spanning planning, platemaking, printing, and bookbinding, Matsumoto is actively expanding into Web3.0 and blockchain-based businesses, positioning itself as a content supplier.

Market Cap
¥0.96B
US$6.12M
EV
¥1.18B
US$7.55M
Stock¥848▼-1.85%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
5.0
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.3%pt
100123
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 17, 26Continued activist intervention
2Jun 16, 26Full-year FY2026/04 earnings announced
3Sep 15, 26Q1 FY2027/04 earnings announced
MC → EV Bridge
0.96BUS$6.12MMarket Cap0.68BUS$4.36M+ Debt0.31BUS$2.00M− Cash0.15BUS$0.93M− Inv. Sec.1.18BUS$7.55MEV
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Performance & Balance
Revenue 5Y (¥B)
2.35US$15.0M'22/42.24US$14.3M'23/42.21US$14.1M'24/42.17US$13.8M'25/42.13US$13.6M'26/4
EBITDA 5Y (¥B)
0.03US$0.19M'22/40.04US$0.25M'23/4-0.09-US$0.57M'24/4-0.16-US$1.01M'25/4-0.13-US$0.83M'26/4
Net Income 5Y (¥B)
-1.29-US$8.21M'22/40.07US$0.47M'23/4-0.09-US$0.55M'24/4-0.65-US$4.16M'25/40.16US$0.99M'26/4
Capital Structure
57%
43%
EquityD/E 0.75xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.04US$6.62M0.10US$0.64M'22/41.08US$6.86M0.40US$2.55M'23/40.68US$4.34M0.49US$3.11M'24/40.36US$2.31M0.35US$2.22M'25/40.82US$5.24M0.70US$4.44M'26/4
Shareholders
Top 10 hold 40.9%
1
Brand New Retail Initiative Fund
9.93%
2
Tadashi NAKAMURA
8.83%
3
Keizaburo MATSUMOTO
7.62%
4
THE OITA BANK,LTD.
3.82%
5
Tomoaki MORIHARA
3.36%
6
The Bank of Fukuoka, Ltd.
2.52%
7
Yuko NAKAO
1.40%
8
Daiki MATSUMOTO
1.35%
9
Yuichi KAJIKAWA
1.06%
10
Hong-sim PARK
1.05%
Management
6 officers
Daiki MATSUMOTO
Representative Director, President
Jan 2007 Joined Fuji Xerox Co., Ltd. (currently FUJIFILM Business Innovation Corp.) Apr 2008 Joined the Company Dec 2008 Director, Tokyo Sales Office, the Company Jul 2009 Assumed office as Managing Director and General Manager of Sales Division, the Company Jul 2022 Assumed office as Representative Director and President, the Company (current)
1981-08-18
Hisashi YANAGAWA
Managing Director, General Manager of Album & New Business Sales Promotion Division
Apr 1982 Joined Dainippon Screen Mfg. Co., Ltd. (currently SCREEN Holdings Co., Ltd.) Jun 2005 Joined Fujifilm Graphic Systems Co., Ltd. Jun 2012 General Manager, U.S. and European Graphic Business Division, FUJIFILM Corporation Mar 2018 Managing Executive Officer, Fujifilm Graphic Solutions Co., Ltd. May 2024 Joined the Company as Executive Officer Jul 2024 Assumed office as Managing Director and General Manager of Album & New Business Sales Promotion Division, the Company (current)
1959-02-06
Yoshihiko SUGIMOTO
Director
Oct 1989 Joined Ohta Showa Audit Corporation (currently EY ShinNihon LLC) Aug 1993 Registered as Certified Public Accountant (current) Jul 2015 Assumed office as Director, the Company (current) Mar 2023 Outside Statutory Auditor, sMedio Inc. (currently GreenBee Co., Ltd.) (current)
1964-12-26
Yoshiyuki KANAI
Full-time Statutory Auditor
Apr 1983 Joined Konishiroku Ubix Co., Ltd. (currently Konica Minolta, Inc.) May 1989 Joined Fuji Xerox Co., Ltd. (currently FUJIFILM Business Innovation Corp.) Sep 2018 Joined the Company, Special Assignment Section Manager, Tokyo Sales Office Jul 2022 Assumed office as Statutory Auditor, the Company (current)
1960-06-06
Hisashi FUJIOKA
Statutory Auditor
Apr 1980 Joined Diamond, Inc. Jun 2002 Director and General Manager of Corporate Planning Division, Diamond, Inc. Jun 2008 Representative Director and President, Diamond Big Co., Ltd. Jul 2017 Policy Advisor, City of Kaizuka, Osaka Prefecture (current) Jul 2017 Outside Director, @Mark Learning Co., Ltd. (current) Jun 2018 Assumed office as Statutory Auditor, the Company (current) Jul 2022
1957-04-22
Hiroaki MATSUI
Statutory Auditor
Dec 2009 Registered as Attorney-at-Law (current) Jan 2010 Joined Nishimura & Partners Jul 2019 Registered as Attorney-at-Law in New York State Aug 2019 Joined AI-EI Law Office (current) Apr 2021 Specially Appointed Professor, Shinshu University (current) Jul 2022 Assumed office as Statutory Auditor, the Company (current)
1983-11-19
Large Shareholding Reports
Keizaburo MATSUMOTO
2026-04-22
7.54%→7.54%
Correction filing (name/detail fix only) — ratio carried over from the original filing
Annual report (as of 2026-04-30): 7.62%
Tadashi NAKAMURA
2026-04-22
8.74%
Annual report (as of 2026-04-30): 8.83%
Keizaburo MATSUMOTO
2026-04-20
7.54%→7.54%
Annual report (as of 2026-04-30): 7.62%
Brand New Retail Initiative Fund
2026-04-20
11.31%→9.83%
Annual report (as of 2026-04-30): 9.93%
Tomoyoshi IWAFUJI
2026-01-08
5.32%
Tomoyoshi IWAFUJI
2026-01-08
5.32%→1.87%
UNIVA Oak Holdings Co., Ltd.
2025-09-11
15.89%→0.00%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-09-14
Q1 Earnings Flash
FY ending Apr 2027
EDINET
2026-07-22
Annual Securities Report
Period: May 2025 – Apr 2026
EDINET
2026-04-22
Large Shareholding Report
EDINETAmended
2026-04-22
Change Report
EDINET
2026-04-20
Large Shareholding Report
EDINET
2026-04-20
Large Shareholding Report
TDnet
2026-03-16
Q3 Earnings Flash
FY ending Apr 2026
EDINET
2026-01-08
Large Shareholding Report
EDINET
2026-01-08
Large Shareholding Report
EDINET
2025-12-12
Semi-Annual Securities Report
Period: May 2025 – Apr 2026
TDnet
2025-09-12
Q1 Earnings Flash
FY ending Apr 2026
EDINET
2025-09-11
Large Shareholding Report
EDINET
2025-07-23
Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2025-03-14
Q3 Earnings Flash
FY ending Apr 2025
EDINET
2024-12-13
Semi-Annual Securities Report
Period: May 2024 – Apr 2025
TDnet
2024-09-12
Q1 Earnings Flash
FY ending Apr 2025
EDINET
2024-07-25
Annual Securities Report
Period: May 2023 – Apr 2024
EDINET
2024-03-18
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2024-02-27
Securities Registration Statement
EDINET
2023-12-15
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-09-14
Quarterly Securities Report
Period: May 2023 – Jul 2023
EDINET
2023-07-26
Annual Securities Report
Period: May 2022 – Apr 2023
EDINET
2023-03-13
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2022-12-15
Quarterly Securities Report
EDINET
2022-09-09
Quarterly Securities Report
EDINET
2022-07-27
Annual Securities Report
EDINET
2022-03-11
Quarterly Securities Report
EDINET
2021-12-10
Quarterly Securities Report
EDINET
2021-09-10
Quarterly Securities Report
EDINET
2021-07-28
Annual Securities Report
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